Real Estate and Development


Chateau Avalon In Bed With Choice Hotels

Chateau Avalon, a 61-room hotel near the Kansas Speedway in Kansas City, Kan., with uniquely themed suites such as "Camelot" and "Tuscany," has entered into a partnership with Rockville, Md.-based Choice Hotels, in which the latter lists Avalon under its… more

YMCA Veteran Mikos Named CEO

[caption id="attachment_22285" align="alignleft" width="246"] Mikos[/caption] John Mikos, chief operating officer of YMCA of Greater Kansas City since 2013, is the organization's new president and chief executive officer. He has been in an interim position in those roles since March, when… more

Expect More Jackson County Property Tax Appeals

Property owners in Jackson County now have until July 29 to filed a property tax assessment appeal with the county. The prior deadline was today.The county has already received in excess of 21,000 appeals to property assessments that, in some… more

Langenkamp Out at EDCKC

Robert Langenkamp is stepping down as president and chief executive officer of the Economic Development Corporation of Kansas City, effective July 8. His interim replacement is Greg Flisram, senior vice president of business and real estate development, who has been… more

Flooded Missouri Small Businesses Eligible for Fed Funds

The damaging floods in the region seem never ending this year, and property owners have certainly felt the pain.  For some small-business owners in the Kansas City, Mo., region, though, some of that might be abated. Non-farm and non-agricultural small… more

Kansas City Rent Growth Lower Than U.S. Average

[caption id="attachment_22245" align="alignleft" width="460"] Arterra, a luxury high rise in the Crossroads, has spaces for rent.[/caption] Here's some good news for residential renters and not-as-good-news for landlords: Kansas City rent growth year over year rose 2.8 percent, below the national… more

Jackson County Legislature Strongly Disputes Property Tax Hikes

Thousands of Jackson County residents received an unwanted surprise in the mail this month in the form of a county assessment letter valuing their properties.  Since then, there have been stories of enormous assessed-value increases. In some cases, they more… more

Building a Recession-Proof Business … Just In Case

[caption id="attachment_22223" align="alignleft" width="480"] From left: HealthJoy's Dorfman, Swell Spark's Baysinger, PayIT's Gordon and Andy Rieger.[/caption] Legitimate tariff-strife aside, by most economic measures, the economy doesn't look like it's going to face a major recession the likes of 2008 any… more

Isle of Capri, Harrah’s To Have Same Owner

Two of the biggest casinos in the Kansas City area are on track to have the same ownership. Isle of Capri Casino owner Reno, Nev.-based Eldorado Resorts, is purchasing Caesars Entertainment Corp., owner of Harrah's North Kansas City, for $17.3… more

Flashcube Apartments Development Lands $33M in Financing

The Flashcube Apartments project at 720 Main St. has its redevelopment future more secure. Owner WI Flashcube landed a $32.95-million redevelopment loan in a deal arranged by John Schorgl of Berkadia Commercial Mortgage's Kansas City office. The financing came from UC… more